Paramount+ Hits 71M Subscribers As Streaming Loss Narrows to $286M
THR, Esq. 2024-04-29
Summary:
Paramount Global unveiled its first quarter financial results on Monday as controlling shareholder National Amusements, led by Shari Redstone, is in exclusive sale negotiations with a group led by David Ellison’s Skydance, as well as Gerry Cardinale’s RedBird Capital, and KKR. During the latest quarter, the company hit 71 million Paramount+ streaming subscribers worldwide, up […]